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    Home»Stock Market»Stock Market Today Live Updates: Sensex Down Over 800 Points From Day’s High, Nifty Below 22,900; SMIDs Sink
    Stock Market

    Stock Market Today Live Updates: Sensex Down Over 800 Points From Day’s High, Nifty Below 22,900; SMIDs Sink

    February 13, 20252 Mins Read


    Sensex Today, Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading lower on Friday, as US President Donald Trump’s tariff proposals began to take shape during Prime Minister Narendra Modi’s official visit to the US.

    The Sensex was down 327.09 points or 0.43 percent at 75,811.88, and the Nifty was down 126.25 points or 0.55 percent at 22,905.15. About 688 shares advanced, 2617 shares declined, and 98 shares unchanged.

    Hindalco, Tata Steel, JSW Steel, IndusInd Bank, and Shriram Finance were among the top gainers on the Nifty, while Adani Enterprises, Dr. Reddy’s Labs, Kotak Mahindra Bank, Sun Pharma, and Apollo Hospitals were the major losers.

    Prashanth Tapse, Senior VP (Research) at Mehta Equities, stated: “The key positive catalyst today is the potential for trilateral talks to end the three-year Russia-Ukraine war, with President Trump engaging both Russian President Putin and Ukraine’s President Zelensky. Wall Street rebounded sharply on Thursday, with the S&P 500 closing just shy of a record high, as Trump’s tariffs were seen as less severe than anticipated.”

    Hindalco Industries reported a robust 60% jump in Q3 net profit to Rs 3,735 crore, while earnings from Rail Vikas Nigam, Glenmark Pharma, ABFRL, and Narayan Hrudayalaya are also in focus, Tapse added.

    He said the technical outlook for Nifty suggests a focus on overcoming the 24,051 resistance level, with a preferred buy strategy for both Nifty and Bank Nifty, targeting higher levels.

    Trump’s Tariff News
    On Thursday evening, President Trump signed an order directing the US Trade Representative and the Commerce Secretary to devise new country-specific tariffs aimed at rebalancing trade relations. These far-reaching changes, according to Howard Lutnick, Trump’s nominee for Commerce Secretary, may be implemented by April 1, 2025.

    Trump also stated that he would impose additional import taxes on cars, semiconductors, and pharmaceuticals, beyond the reciprocal tariffs, at a later date.

    Ahead of his meeting with Prime Minister Narendra Modi, Trump remarked that India has more tariffs than nearly any other country. However, he added that both leaders are committed to strengthening ties and improving trade policies between the two nations.



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